Kolkata, West Bengal -- (SBWIRE) -- 09/26/2013 -- Specialpennystockalert.com, an investment community with a special focus on updating investors with recent news on the U.S. stock market, issues news alert on Sirius XM Radio Inc(NASDAQ:SIRI), Advanced Micro Devices, Inc. (NYSE:AMD), Regions Financial Corporation (NYSE:RF).
Sirius XM Radio Inc(NASDAQ:SIRI) shares decreased 0.03% to $3.83. The company on Sept. 25 announced that, on October 25, 2013, it will redeem all of its outstanding 7.625% Senior Notes due 2018 (CUSIP Nos. 98375YAZ9 and U98408AF1). As of September 25, 2013, $539,551,000 of the 7.625% Notes remains outstanding. SiriusXM intends to use the proceeds from the issuance of $650,000,000 aggregate principal amount of its 5.875% Senior Notes due 2020 to fund the redemption.
This announcement is neither an offer to sell nor a solicitation to buy any of these securities, and shall not constitute an offer, solicitation, or sale in any jurisdiction in which an offer, solicitation, or sale would be unlawful.
Additionally, the company on Sept. 19 priced an offering of $650 million of Senior Notes due 2020. The notes were offered to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended, and outside the United States in compliance with Regulation S of the Securities Act. The notes will bear interest at an annual rate of 5.875%. The price to investors will be 100% of the principal amount of the notes. The company will receive gross proceeds of $650 million from the sale of the notes before deducting the initial purchasers' commissions and estimated offering fees and expenses.
Should Investors Buy SIRI After Yesterday’s Jump? Find Out Here
Advanced Micro Devices, Inc. (NYSE:AMD) shares gained 2.89% to $3.91. The company announced that it will webcast its quarterly earnings conference call on Thursday, October 17, 2013 at 5:30 p.m. EDT / 2:30 p.m. PDT to discuss the results of its fiscal third quarter ending September 28, 2013.
Additionally, the company on Sept. 19 announced it has been named to the Dow Jones Sustainability Index (DJSI) North America for the ninth consecutive year. This external recognition validates AMD's long-held commitment to corporate responsibility and its strong social, environmental and economic performance.
How Should Investors Trade AMD After The Recent Volatility? Get Free Trend Analysis Here
Regions Financial Corporation (NYSE:RF) stock gained 0.65% to $9.25. The company on Sept. 25 said it is commemorating Hispanic Heritage Month (September 15-October 15) with a special focus on providing more financial information and advice to consumers.
Additionally, The Company’s Chief Credit Officer Barb Godin on Sept. 19 has been named one of the 25 Women to Watch in Banking and Finance for 2013 by American Banker magazine.
Should Investors Buy RF After Yesterday’s Jump? Find Out Here
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